|
|
Archive - 10/9/2026 - Sign In to see current Signals. |
Baker Hugh (BKR) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Baker Hugh (BKR). During the week, the BKR gained 0.70 points, or 1.25%, and closed at 56.70 on Friday, October 9, 2026. Weekly volume was -40% below average. BKR is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See BKR long-term trend chart] A long-term uptrend had started on July 21, 2021 at 19.23 and reached 70.41 on April 27, 2026. BKR gained -51.18 points, or -266.15%, in 248 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (41.48) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See BKR medium-term trend chart] A medium-term downtrend had started on September 9, 2026 at 66.09 and reached 54.35 on October 1, 2026. BKR lost 11.74 points, or 17.76%, in 3 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (53.76) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See BKR weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 29, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See BKR short-term trend chart] A short-term uptrend had started on October 1, 2026 at 54.35 and reached 57.97 on October 5, 2026. BKR gained -3.62 points, or -6.66%, in 4 days. The price is now at the 35.08% retracement level.
Daily Technical Indicators: [See BKR daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands (5.78%) is close to one year low (6.38%). It is 61.75% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|